We expect a $129.936 movement on TN within the next 2 hours. We expect TN to trend upwards 2 hours following the ISM Manufacturing PMI events in United States release because the released value is < 49.2. A price movement of 92 pips is expected. Historical events that allowed us to draw this conclusion
01 Oct 14:00 |
03 Sep 14:00 |
01 Aug 14:00 |
01 May 14:00 |
01 Mar 15:00 |
03 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).